Logitech
LOGI
#1206
Rank
$14.82 B
Marketcap
$96.01
Share price
0.93%
Change (1 day)
49.04%
Change (1 year)

P/E ratio for Logitech (LOGI)

P/E ratio as of May 2024 (TTM): 39.8

According to Logitech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.8033. At the end of 2022 the company had a P/E ratio of 23.7.

P/E ratio history for Logitech from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.730.28%
202118.23.74%
202017.5-38.36%
201928.437.14%
201820.7-25.49%
201727.835.81%
201620.5-10.35%
201522.834.31%
201417.0-78.89%
201380.5-1007.82%
2012-8.87-131.92%
201127.827.32%
201021.8-94.9%
20094283002.42%
200813.8-52.96%
200729.327.09%
200623.1-6.3%
200524.635%
200418.213.62%
200316.07.31%
200215.0-40.61%
200125.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
36.8-7.44%๐Ÿ‡บ๐Ÿ‡ธ USA
15.1-62.11%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.65-106.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.58-111.52%๐Ÿ‡บ๐Ÿ‡ธ USA
48.2 21.03%๐Ÿ‡บ๐Ÿ‡ธ USA
7.44-81.30%๐Ÿ‡บ๐Ÿ‡ธ USA
94.8 138.20%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.